International Monetary Fund
Payments figures add to pressure for IMF deal
Business
March 15, 2013
Payments figures add to pressure for IMF deal
The country's current account deficit narrowed in July-December, data showed on Thursday, but economists said it remained a major problem…
IMF mission due in Cairo Sunday to discuss economic reforms
Business
March 14, 2013
IMF mission due in Cairo Sunday to discuss economic reforms
An International Monetary Fund delegation is due to arrive in Cairo on Sunday to renew discussions regarding economic reforms,…
Minister: Egypt does not need IMF bridging funding
Business
March 10, 2013
Minister: Egypt does not need IMF bridging funding
Egypt does not need bridging financing as offered by the International Monetary Fund to some countries, but rather broad structural…
US gives Egypt US$190 mn in aid
Egypt
March 10, 2013
US gives Egypt US$190 mn in aid
Egypt signed an agreement Sunday for US$190 million in aid from the US, Planning and International Cooperation Minister Ashraf al-Araby…
Inflation hits highest levels in more than two years
Business
March 10, 2013
Inflation hits highest levels in more than two years
The Central Agency for Public Mobilization and Statistics (CAPMAS) has announced that the annual inflation rate increased during February by…
Website: Egypt may consider urgent IMF loan
Business
March 8, 2013
Website: Egypt may consider urgent IMF loan
A senior Finance Ministry official has reportedly said the government may consider next week an International Monetary Fund offer to…
Sources claim IMF unhappy with reform program
Business
March 7, 2013
Sources claim IMF unhappy with reform program
An unnamed government official said Thursday that the International Monetary Fund is not satisfied with Egypt’s amended economic and social…
Qandil expects IMF loan approval soon
Business
March 5, 2013
Qandil expects IMF loan approval soon
The Cabinet issued an official invitation to the International Monetary Fund delegation to resume talks over a US$4.8 billion, according…
Egypt hopes for IMF deal by late April, minister says
Business
February 28, 2013
Egypt hopes for IMF deal by late April, minister says
Egypt hopes to conclude a deal with the International Monetary Fund for a $4.8 billion loan by the end of…
Ratings agency predicts further delay to IMF deal
Business
February 27, 2013
Ratings agency predicts further delay to IMF deal
Egypt's extended election timetable could delay a $4.8 billion IMF loan agreement until the third quarter, Fitch Ratings said Wednesday,…